Welcome to 1118 Fulton Street, a stunning triple mint newly built elevator condominium that perfectly balances modern luxury with neighborhood charm. Located on the nexus of Bedford-Stuyvesant and Clinton Hill, on the same block as the Franklin C & S trains and half a block from Lincoln Market- this boutique building features eleven thoughtfully designed units. The building offers a gorgeous roof deck with unfettered Manhattan and Brooklyn skyline views for days.
Unit 2F is a one bedroom, one bathroom home with 651 square feet of living space. This loft-like home has industrial vibes and modern finishes- with soaring exposed concrete ceilings. This one bed, one bath unit is North facing and receives tons of natural light through the huge windows overlooking the street. Offering an abundance of storage space, central heat and air, a built in bluetooth speaker, hardwood floors, a large coat closet and a washer & dryer- this home is move in ready.
2F boasts a stylish kitchen equipped with top of the line appliances, including paneled fridge and dishwasher, and gas cooktop range. The bedroom is a bright space with a spacious walk-in closet, while the serene, spa like, bathroom is fully equipped with a deep soaking tub/shower combo, heated floors and top of the line fixtures.
You'll find yourself on the same block as the Franklin Street C & S trains, making commuting a breeze. The area is vibrant and full of local hotspots like Doris, Cafe Calaca, The Franklin, Luna nails, and Blink Fitness- offering a range of dining and entertainment options. Experience the best of modern living in a dynamic and convenient location!
THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM THE SPONSOR TF 1118 FULTON JV LLC AT 188 RALPH AVE, BROOKLYN NY 11233. FILE NO. CD23-0629
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William Raveis Mortgage, LLC
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Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $516,000 | $516,000 | $516,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,564 | $3,430 | $4,352 |
Total Monthly Payment | $3,656 | $3,522 | $4,444 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.